Can the EU fend off the threat of Chinese electric cars?
30 min listen
The EU and China are in the foothills of a trade war. After a seven month investigation, the European Commission has announced tariffs of up to 38 per cent on electric cars from China, citing that they’ve found ‘subsidies in every part of the supply chain’. In retaliation, China has ramped up its own investigations into imports from the EU. This, of course, comes after the US has announced its own 100 per cent tariff on Chinese electric cars. Listeners will know that Chinese electric cars are becoming ever more competitive. In just three years, the value of the EU’s imports of Chinese EVs have surged tenfold – from $1.6